Business Directories

MAF Properties office achieves 'Gold standard'

Dubai, May 12, 2014

Majid Al Futtaim Properties, one of Mena’s leading diversified property companies, has announced that its head office in Dubai, Majid Al Futtaim Tower 2, has achieved the Gold standard according to the requirements of Leadership in Energy and Environmental Design for the operation and maintenance of existing buildings (LEED EBOM).

The Gold certification was awarded by the United States Green Building Council (USGBC) and Majid Al Futtaim Tower 2 is the first building in the UAE to achieve a Gold rating for LEED EBOM, said the statement.

The building’s environmental impact was assessed at the end of 2013 and improvements were measured in comparison to the baseline rating established in 2009. Majid Al Futtaim Properties exceeded the LEED EBOM requirements in a number of key areas, notably the substantial reduction in the consumption of water, over-achieving 26 percent, and energy, over-achieving 18 percent, as well as the significant increase in waste recycling, over-achieving 68 percent, as validated by Jones Lang LaSalle[i].

George Kostas, chief executive officer of Majid Al Futtaim Properties, said: “Sustainability is no longer something that occurs in isolation, it is embedded in the way we do business. As part of our Sustainability Strategy, our focus has been on making our existing buildings more efficient in terms of energy and water conservation and our new developments compliant with world-class green building standards."

"Majid Al Futtaim Properties’ investment in order to achieve this rating was relatively low as the focus was on managing resources and operations rather than just conducting replacements. Our investment was recovered in just one year and incremental savings were achieved within the second year, highlighting the affordability and long-term financial benefits of being sustainable,” he said.

The company took a comprehensive, end-to-end approach to achieve this and a number of initiatives came into play. For example, motion detectors that activate the lights were installed in non-operational common areas of the building, water flow rate was regulated to reduce wastage through motion detecting taps and fault detection systems to identify and repair leakages and faults, and all cleaning equipment and office materials are Environmental Preferable Products (EPP) with the Green Seal by the US Environmental Protection Agency as they have lower counts of Volatile Organic Compounds that are harmful to individuals and the environment, the company said. - TradeArabia News Service